€2 million plugged into Irish wireless tracking firm to aid expansion plans

AN Irish wireless tracking firm has secured a €2 million investment to help with its expansion. The investment was made by Cork-based venture capital firm Kernel Capital into Dublin based semiconductor DecaWave.

The company’s main product, ScenSor helps to track the location of objects and people using wireless sensors. The investment funds will be used to drive growth for ScenSor technology.

DecaWave has already established a partnership agreement with Korean telecommunications company, LG Innotek which will manufacture modules based on DecaWave’s ScenSor chips.